Sawyer County, Wisconsin · 2025

Mortgage lenders in Sawyer County, WI: denial rates and top lenders (2025)

161 lenders acted on 808 mortgage applications for properties in Sawyer County in 2025. 14.6% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.75%; median loan $185,000; median property value $355,000.

808Applications
14.6%Denial ratestate 14.0%
6.75%Median ratestate 6.63%
$185,000Median loan
$355,000Median property value

Largest lenders in Sawyer County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Johnson Financial Group A 10580 14.3%6.75%
2 Frandsen Bank & Trust B 5139 13.7%6.94%
3 Superior Choice Credit Union B 4830 20.8%5.63%
4 Royal Credit Union B 4327 16.3%6.75%
5 Crosscountry Mortgage B 4133 2.4%6.88%
6 Associated Bank B 3722 29.7%7.00%
7 Chippewa Valley Bank B 3527 5.7%
8 Rocket Mortgage C 2619 15.4%6.88%
9 U.S. Bank D 2011 25.0%7.38%
10 WESTCONSIN Credit Union C 1911 26.3%7.00%
11 Mortgage Research Center C 187 27.8%6.38%
12 ALTRA Federal Credit Union B 1413 0.0%6.99%
13 Pennymac Loan Services C 127 0.0%6.38%
14 Broker Solutions D 113 9.1%6.25%
15 Bankers' Bank C 108 20.0%6.31%
16 Summit Credit Union A 108 10.0%5.13%
17 Dairy State Bank C 108 20.0%
18 Bell Bank A 98 0.0%6.63%
19 Guaranteed Rate B 95 11.1%6.62%
20 Compeer Financial, Flca C 84 0.0%7.44%
21 Marine Credit Union F 83 50.0%7.80%
22 Coastal Community Bank C 82 0.0%10.87%
23 Newrez D 71 14.3%5.38%
24 JPMorgan Chase Bank B 63 16.7%6.99%
25 Citizens Community Federal B 65 16.7%6.38%

Best approval odds in Sawyer County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Johnson Financial Group10214.7%

What Sawyer County borrowers applied for

By loan purpose

Home purchase 353 44% · 7.9% denied
Refinance 114 14% · 17.5% denied
Cash-out refinance 116 14% · 18.1% denied
Home improvement 115 14% · 20.9% denied
Other / HELOC 110 14% · 22.7% denied

By loan type

Conventional 728 90% · 15.3% denied
FHA 36 4% · 11.1% denied
VA 41 5% · 4.9% denied
USDA / RHS 3 0% · 33.3% denied

Why applications were denied

Debt-to-income ratio 38 35%
Credit history 31 28%
Collateral 16 15%
Other 9 8%
Incomplete application 7 6%
Unverifiable information 4 4%
Employment history 3 3%
Insufficient cash 2 2%

Sawyer County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202364143412.8%7.00%$145,000
202471747216.7%6.99%$155,000
202580853314.6%6.75%$185,000

Frequently asked questions

14.6% of applications in Sawyer County were denied in 2025, against 14.0% statewide in Wisconsin.

Johnson Financial Group, with 105 applications in 2025 and a denial rate of 14.3%.

The median mortgage application in Sawyer County in 2025 was for $185,000; the median property value on originated loans was $355,000.